Returns Are Gaining Momentum At Daechang Solution - Simply Wall St
| 140520 Stock | KRW 2,095 35.00 1.70% |
About 53% of Daechang Steel's investors are presently thinking to get in. The analysis of current outlook of investing in Daechang Steel Co suggests that some traders are interested regarding Daechang Steel's prospects. The current market sentiment, together with Daechang Steel's historical and current headlines, can help investors time the market. In addition, many technical investors use Daechang Steel stock news signals to limit their universe of possible portfolio assets.
Daechang |
Returns Are Gaining Momentum At Daechang Solution Simply Wall St
Read at news.google.com
 |
Daechang Steel Fundamental Analysis
We analyze Daechang Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Daechang Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Daechang Steel based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Daechang Steel is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Daechang Steel Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Daechang Steel stock to make a market-neutral strategy. Peer analysis of Daechang Steel could also be used in its relative valuation, which is a method of valuing Daechang Steel by comparing valuation metrics with similar companies.
Peers
Daechang Steel Related Equities
| 005950 | ISU Chemical | 1.67 | ||||
| 005290 | Dongjin Semichem | 0.97 | ||||
| 240810 | Wonik Ips | 0.90 | ||||
| 133820 | Fine Besteel | 0.76 | ||||
| 133820 | Finebesteel | 0.76 | ||||
| 011390 | Busan Industrial | 0.80 | ||||
| 500003 | Shinhan Inverse | 1.45 | ||||
| 036830 | Soulbrain Holdings | 1.50 |
Complementary Tools for Daechang Stock analysis
When running Daechang Steel's price analysis, check to measure Daechang Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Daechang Steel is operating at the current time. Most of Daechang Steel's value examination focuses on studying past and present price action to predict the probability of Daechang Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daechang Steel's price. Additionally, you may evaluate how the addition of Daechang Steel to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |